Faster and fancier. Focus on performance, eg. application start-up time and boot up. Dedicated team for this (lead by Vesa-Matti).
More applications, better settings. New contributions eg. new Terminal, Package manager, GPRS settings. More community applications (via Cool Stuff page), including Extras client. Fix critical bugs in existing use cases (phone calls, SMS, browser, camera).
Release out by June 30th. Detailed release plan TBC (Carsten, Sage).